Colombo Port City: A Chinese White Elephant as Sri Lanka Desperately Seeks India’s Help to Tide Over Economic Crisis
3 years ago

Colombo Port City: A Chinese White Elephant as Sri Lanka Desperately Seeks India’s Help to Tide Over Economic Crisis

News 18  

Sri Lanka, the maritime hub in the Indian Ocean, is feeling rudderless at the moment due to a critical economic crisis. The Chinese Harbour Engineering Company has created a piece of land from the Indian Ocean for Sri Lanka just south of the Colombo port. Saliya Wickramsuriya, spokesperson, Port City Colombo Economic Commission, Government of Sri Lanka, says that more than tax holidays, they want to use Sri Lanka’s strategic location as a transit between Asia and the West as a unique selling proposition. Despite the turbulence in relations due to the container terminals, the Sri Lankan side is pushing for more Indian investment now for the ambitious Port City Colombo which at the moment is like a white elephant for the Sri Lankans. Photos of Chinese President Xi Jinping with Sri Lankan Prime Minister and former President Mahinda Rajapaksa find a prominent place as you enter the auditorium that runs a promotional film of the model port city.

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History of this topic

DC Edit | India, Sri Lanka head to a win-win relationship
3 months, 1 week ago

DC Edit | India, Sri Lanka head to a win-win relationship

Deccan Chronicle  

All the signs are pointing to the possibility of a major win for India’s foreign policy as the meeting between Sri Lankan President Anura Kumara Dissanayake and Prime Minister Narendra Modi went off swimmingly. The swivel away from China and a new direction in restoring old civilisational ties with India may have come not only because of the leadership change …

After Chabahar, India looks to build port facilities in Bangladesh and Sri Lanka
6 months ago

After Chabahar, India looks to build port facilities in Bangladesh and Sri Lanka

Live Mint  

India is looking to strengthen its global maritime play by developing two additional ports in Bangladesh and Sri Lanka, Sarbananda Sonowal, minister for ports, shipping and waterways said on Wednesday. Speaking about the ministry’s achievements in the first 100 days of the new NDA government, Sonowal said Indian Ports Global Limited, a wholly owned subsidiary of Sagarmala Development Company Limited …

Shame on India for its coercion of Sri Lanka: China Daily editorial
1 year, 1 month ago

Shame on India for its coercion of Sri Lanka: China Daily editorial

China Daily  

Some Indian media outlets seemed irrepressible when they reported "India beats China in diplomatic duel" earlier this week, referring to an Indian Navy submarine visiting Colombo, capital of Sri Lanka, on the weekend, shortly after the island country suspended its reception of Chinese research ships under New Delhi's pressure. To begin with, New Delhi has been smearing China's marine research …

US mulls $553 million terminal at Sri Lanka's Colombo port in rivalry with China
1 year, 4 months ago

US mulls $553 million terminal at Sri Lanka's Colombo port in rivalry with China

Firstpost  

The announcement comes as Sri Lanka is struggling to recover from a dire financial and economic crisis. The United States unveiled a $553 million initiative aimed at constructing a deep-water shipping container terminal within Sri Lanka’s Port of Colombo, signalling its engagement in global development financing, particularly in competition with China. Both neighbouring India and China are jostling for influence …

AidData Report Warns of a Chinese Naval Base in Sri Lanka’s Hambantota Port
1 year, 6 months ago

AidData Report Warns of a Chinese Naval Base in Sri Lanka’s Hambantota Port

The Diplomat  

A recent report by AidData, a research lab at the College of William and Mary in Williamsburg, Virginia, claimed that China might establish a naval base in Sri Lanka’s Hambantota Port in the next two to five years. The AidData report, titled “Harboring Global Ambitions: China’s Ports Footprint and Implications for Future Overseas Naval Bases,” identified eight locations where China …

China research ship requests Sri Lanka port call
1 year, 7 months ago

China research ship requests Sri Lanka port call

The Hindu  

China has requested permission for a research ship to dock in Sri Lanka, Colombo said on August 22, following a visit by a spacecraft-tracking vessel last year that sparked security concerns from India. Last year, India raised concerns over a Sri Lanka port call in Hambantota by Chinese research vessel Yuan Wang 5, which specialises in spacecraft tracking and which …

How India has revamped its approach to engage with Sri Lanka amid China's growing presence in the Indo-Pacific Region
1 year, 8 months ago

How India has revamped its approach to engage with Sri Lanka amid China's growing presence in the Indo-Pacific Region

Firstpost  

India’s accelerated overtures to Sri Lanka in the past few years are emblematic of its engagements in the wider Indo-Pacific Region Sri Lankan President Ranil Wickremesinghe’s visit to India on 20-21 July came at a time when the ties between the two neighbours have been in flux for the past few years. India’s strategic engagements with Sri Lanka gained traction …

Chinese state-owned firm to build major Sri Lanka port complex
1 year, 10 months ago

Chinese state-owned firm to build major Sri Lanka port complex

The Hindu  

A Chinese state-owned firm said on May 1 it plans to take its investment in Sri Lanka to $2 billion by building a major logistics hub. The investment by the China Merchants Group in a large logistics complex at Colombo Port, with an estimated construction cost of $392 million, is the first major foreign investment in Sri Lanka since the …

Sri Lanka’s Chinese-built port city stirs white elephant fears
2 years, 1 month ago

Sri Lanka’s Chinese-built port city stirs white elephant fears

Al Jazeera  

Sri Lankans are questioning the feasibility of Port City Colombo as their country faces its worst economic crisis. CHEC Port City Colombo Ltd is a wholly owned subsidiary of China Harbour Engineering Company, which in turn is a subsidiary of China Communications Construction Company Limited, a majority state-owned enterprise with headquarters in Beijing. “PwC has carried out an economic impact …

How Paradip Port is Set for Significant Role in India’s Maritime Connectivity - News18
2 years, 5 months ago

How Paradip Port is Set for Significant Role in India’s Maritime Connectivity - News18

News 18  

Paradip port, which is located in the Jagatsinghpur district of coastal Odisha, is poised to play a significant role in India’s maritime connectivity with South East Asia cementing the space for trans-regional free trade architecture. Therefore, Paradip port has enormous potential to emerge as a significant player to expand India’s EXIM activities and build economic and cultural synergies with South …

Lanka needs support, not \'unwanted pressure\', says India slamming China over spy ship
2 years, 7 months ago

Lanka needs support, not \'unwanted pressure\', says India slamming China over spy ship

Deccan Chronicle  

Colombo: India on Saturday hit back at China for alleging that it was "interfering" in Sri Lanka's internal affairs, firmly telling Beijing that what Colombo needs now was "support, not unwanted pressure or unnecessary controversies" to serve another country's agenda. Hinting at India's objection to the docking of Chinese ballistic missile and satellite tracking ship 'Yuan Wang 5' at the …

Chinese ship visit | India knows our situation: Sri Lanka
2 years, 7 months ago

Chinese ship visit | India knows our situation: Sri Lanka

The Hindu  

Amid concerns over the arrival of Chinese ship ‘Yuan Wang 5’ to Sri Lanka, the country’s Tourism Minister Harin Fernado said, in Ahmedabad, on August 20, that he hoped it would not cause a major diplomatic row as India understands its situation. Mr. Fernado said China has made a lot of investment in Sri Lanka and has been "understanding its …

Chinese spy ship at Hambantota: Why is there a strong pro-China, anti-India lobby in Sri Lanka?
2 years, 7 months ago

Chinese spy ship at Hambantota: Why is there a strong pro-China, anti-India lobby in Sri Lanka?

Firstpost  

Indians are more peeved at the Sri Lankan reaction than possibly the Chinese action. Maritime tryst Sri Lanka’s maritime tryst with China is mistakenly dated back to the two Hambantota deals of the past two decades — the first one a construction-cum-concession contract when war-victor Mahinda Rajapaksa was President, and the other, granting a 99-year-lease to China when present incumbent …

Chinese navy ship docks in Sri Lanka, stokes worry in India
2 years, 7 months ago

Chinese navy ship docks in Sri Lanka, stokes worry in India

Associated Press  

HAMBANTOTA, Sri Lanka — A Chinese navy vessel arrived at a Beijing-built port in southern Sri Lanka on Tuesday, after its port call was earlier delayed due to apparent security concerns raised by India. Sri Lanka has referred to the Yuan Wang 5 as a “scientific research ship,” but there are fears in India that the vessel could be used …

Chinese ship arrives in Sri Lanka's Hambantota port despite India, US concerns
2 years, 7 months ago

Chinese ship arrives in Sri Lanka's Hambantota port despite India, US concerns

Firstpost  

The Yuan Wang 5 was allowed to dock on the condition it will not carry out any research while in Sri Lankan waters, port officials said following consultations with India, the US and China. Hambantota : A Chinese research vessel entered Sri Lanka’s Chinese-run southern port of Hambantota on Tuesday despite concerns from India and the United States about its …

China's envoy plays down controversy over Chinese research ship docking in Sri Lanka
2 years, 7 months ago

China's envoy plays down controversy over Chinese research ship docking in Sri Lanka

India TV News  

China's envoy plays down controversy over Chinese research ship docking in Sri Lanka India has traditionally taken a stern view of Chinese military vessels in the Indian Ocean and has protested such visits with Sri Lanka in the past. Highlights China's envoy in Sri Lanka plays down controversy surrounding arrival of Chinese ship Chinese ballistic missile and satellite tracking ship …

China silent on details of talks with Sri Lanka as 'spy' ship set to dock at Hambantota port
2 years, 7 months ago

China silent on details of talks with Sri Lanka as 'spy' ship set to dock at Hambantota port

India Today  

China on Monday said Sri Lanka has allowed its satellite and missile tracking ship to berth at the Hambantota port on Tuesday, but declined to reveal details of talks with Colombo leading to the bankrupt island's government reversing its earlier stand to defer the high-tech vessel's entry. “As you said, Sri Lanka has given Yuan Wang-5 the permission to berth …

China silent on details of talks with Sri Lanka as its high-tech vessel set to dock at Hambantota port
2 years, 7 months ago

China silent on details of talks with Sri Lanka as its high-tech vessel set to dock at Hambantota port

The Hindu  

China on Monday said Sri Lanka has allowed its satellite and missile tracking ship to berth at the Hambantota port on August 16, but declined to reveal details of talks with Colombo leading to the bankrupt island’s government reversing its earlier stand to defer the high-tech vessel’s entry. “As you said, Sri Lanka has given Yuan Wang-5 the permission to …

Explained | Why is the visit of a Chinese vessel to Sri Lanka’s Hambantota port controversial?
2 years, 7 months ago

Explained | Why is the visit of a Chinese vessel to Sri Lanka’s Hambantota port controversial?

The Hindu  

The story so far: On August 13, Sri Lanka approved the arrival of a Chinese satellite-tracking vessel to its southern Chinese-funded Hambantota port. An official statement said the Sri Lankan Foreign Minister firmly backed the ‘One China Policy’ that President Wickremesinghe earlier endorsed. China reacted strongly after Sri Lanka, following concerns voiced by India, requested China to defer the visit …

Sri Lanka’s Moment of Reckoning: Time to Choose Between Indian Humanitarian Ships, Chinese Spy Vessels
2 years, 7 months ago

Sri Lanka’s Moment of Reckoning: Time to Choose Between Indian Humanitarian Ships, Chinese Spy Vessels

News 18  

Sri Lanka has been passing through an unprecedented crisis. China’s indifference to the economic crisis in Sri Lanka, partly caused by predatory Chinese loans to Colombo, seemed to show its declining interest in the island nation. Recently, it was announced that Yuan Wang 5, a high-tech Chinese spy ship, would dock at Sri Lanka’s Hambantota port. The fact remains that …

Sri Lanka asks China to postpone research ship’s port call
2 years, 7 months ago

Sri Lanka asks China to postpone research ship’s port call

Associated Press  

COLOMBO, Sri Lanka — Sri Lanka has asked China to defer a port call of a scientific research ship after security concerns were reportedly raised by neighboring India. India has provided crucial assistance to Sri Lanka including food, fuel, medicines and cooking gas as it struggles with an economic meltdown amid a severe foreign currency crisis. Chinese Foreign Ministry spokesperson …

China asks India to stop ‘disturbing’ exchanges with Sri Lanka, says opposition to ship visit is ‘senseless’
2 years, 7 months ago

China asks India to stop ‘disturbing’ exchanges with Sri Lanka, says opposition to ship visit is ‘senseless’

The Hindu  

Reacting strongly to Sri Lanka’s request to delay the visit of a tracking vessel that was due to arrive on August 11 and had aroused India’s concerns, China on Monday described India’s opposition to the visit as “unjustified” and “morally irresponsible”, and “urged” New Delhi to “not disturb normal exchanges” between the two countries. The View from India | A …

Chinese ship to dock in Hambantota port only for 'refuelling': Sri Lankan minister
2 years, 7 months ago

Chinese ship to dock in Hambantota port only for 'refuelling': Sri Lankan minister

India Today  

A high-tech Chinese research ship, which is expected to dock at Sri Lanka’s Hambantota port next week is only seeking "refuelling and replenishment" facilities and Colombo will not do anything to harm the good understanding and trust existing with New Delhi, a senior minister has said. The Chinese space and satellite tracking research vessel 'Yuan Wang 5' is visiting Hambantota …

India Following Planned Visit Of Chinese Satellite Tracking Vessel To Sri Lankan Port
2 years, 7 months ago

India Following Planned Visit Of Chinese Satellite Tracking Vessel To Sri Lankan Port

ABP News  

New Delhi, Aug 1 India's defence and security establishment is closely following the planned visit of a Chinese space and satellite tracking research vessel to the Hambantota Port next week, people familiar with the development said on Monday. The people said though the Chinese vessel 'Yuan Wang 5' is not a military platform, the visit could also be a precursor …

Chinese research vessel to dock at Hambantota port in August: Sri Lankan Army spokesman
2 years, 7 months ago

Chinese research vessel to dock at Hambantota port in August: Sri Lankan Army spokesman

Firstpost  

Yuan Wang 5, Chinese spacecraft tracking ship, docking at the Hambantota port, developed largely with Chinese loans, on 11 August for two months, will conduct satellite control and research tracking in the north western part of Indian Ocean Colombo: Sri Lanka has allowed a Chinese research vessel to dock at the Hambantota port next month, the island nation’s Army spokesman …

How Rajapaksa Clan And Chinese Loans Put Sri Lanka on Expressway of Economic Collapse
2 years, 8 months ago

How Rajapaksa Clan And Chinese Loans Put Sri Lanka on Expressway of Economic Collapse

News 18  

CIA chief Bill Burns has rightly defined the reason behind Sri Lanka’s current economic crisis. It saw easy loans from China as a quick fix for its infrastructure dreams and greener pastures ahead, while easily forgetting the fact that Sri Lanka’s imports were significantly higher than its exports and it needed a safe zone of foreign currency reserve to remain …

The Sri Lankan Collapse: Colombo Must Get Its Act Straight and Keep The China Card on a Leash
2 years, 11 months ago

The Sri Lankan Collapse: Colombo Must Get Its Act Straight and Keep The China Card on a Leash

News 18  

India’s southern neighbour Sri Lanka is in a crippling financial crisis, one that it has not seen since its independence. Then in April 2021, the Sri Lankan government experimented with the food security of the nation and banned imports of chemical fertilisers to become the world’s first nation to farm organic only. Sri Lanka fell hard into the Chinese debt …

Amidst Lanka crisis, give Colombo a helping hand
3 years ago

Amidst Lanka crisis, give Colombo a helping hand

Deccan Chronicle  

Its economy in shambles, Sri Lanka is in dire straits. It would be in India’s geostrategic interests to get Sri Lanka on its side by lending a generous helping hand in this time of acute crisis. The time to negotiate past them has come, towards which India may have to convince Sri Lanka that it is not for any blanket …

Sri Lanka Known to Play China against India, Don’t Read Too Much into Beijing-Colombo Fight
3 years, 3 months ago

Sri Lanka Known to Play China against India, Don’t Read Too Much into Beijing-Colombo Fight

News 18  

Once again, much has been written about the recently reported upheaval in Sri Lanka’s China relations and the nation’s strategic tilt towards the larger Indian neighbour. Sri Lanka’s relations with China are old, though they cannot be described as equal to the umbilical cord relations that geography first and history since had established centuries before the Cold War and post-Cold …

Adani Group to firm up Colombo Port deal on September 30
3 years, 5 months ago

Adani Group to firm up Colombo Port deal on September 30

The Hindu  

Firming up a strategic deal at the Colombo Port in Sri Lanka, the Adani Group will on Thursday sign a build-operate-transfer agreement with its local partner John Keells Holdings and the Sri Lanka Port Authority, to jointly develop its West Container Terminal. While the Adani Group has been in talks with John Keells, one of the largest conglomerates in Sri …

News Analysis | A perception shift in relations between Sri Lanka and China?
3 years, 8 months ago

News Analysis | A perception shift in relations between Sri Lanka and China?

The Hindu  

From the time the pandemic struck last year, China has topped the charts in providing crucial and timely support to Sri Lanka -- by way of over $ 2 billion in loans and a currency swap, and Sinopharm vaccines totalling over a million in donation, and about six million for procurement so far. In resistance to the Port City Bill, …

Chinese presence in Sri Lanka 'could pose a threat', keeping close watch: Indian Navy
3 years, 9 months ago

Chinese presence in Sri Lanka 'could pose a threat', keeping close watch: Indian Navy

India TV News  

With the Chinese Navy getting new port projects in Sri Lanka, a top Indian Navy officer said that it 'could pose a threat' to Indian interests in the region and there is a need to keep a close watch on such activities. In an interview with ANI, Navy Vice Chief Vice Admiral G Ashok Kumar said the Indian Navy is …

Explained | Why has the China-backed Colombo Port City project come under attack from the Opposition and citizens?
3 years, 9 months ago

Explained | Why has the China-backed Colombo Port City project come under attack from the Opposition and citizens?

The Hindu  

The story so far: Last month, Sri Lanka passed the controversial Colombo Port City Economic Commission Bill, which governs the China-backed Colombo Port City project worth $1.4 billion, amid wide opposition to the creation of a “Chinese enclave” in the island nation. The Colombo Port City — separate from but located adjacent to the Colombo Port, the country’s main harbour …

Why the Colombo Port City Project Has Got India Worried
3 years, 9 months ago

Why the Colombo Port City Project Has Got India Worried

News 18  

In light of the Sri Lankan Parliament passing a new legislation for China’s near-complete control in an ongoing Special Economic Zone project, neighbouring India has additional causes for concern on the security and economic fronts on this score too, apart from the existing ones from the southern Hambantota Port. The Parliament passed the Port City Bill 148-59 in the 225-member …

With Rajapaksa Clan in Full Control, Chinese Grip Over Sri Lanka is Getting Tighter
3 years, 9 months ago

With Rajapaksa Clan in Full Control, Chinese Grip Over Sri Lanka is Getting Tighter

News 18  

Chinese Defence Minister Gen. Wei Fenghe was in Sri Lanka last week seeking to shore up support for Chinese projects at a time when new faultlines have emerged in the island nation on China’s growing footprint. Even during the pandemic, Beijing’s overtures to Sri Lanka have continued unabated with an awareness that perhaps this a unique moment to push Chinese …

As India watches keenly, Sri Lanka seeks FDI in Port City
3 years, 9 months ago

As India watches keenly, Sri Lanka seeks FDI in Port City

The Hindu  

Sri Lanka on Friday invited international investment into the Colombo Port City that it described as a “fully Sri Lankan project”, while official sources in New Delhi said they were “keeping a close eye” on the project and its “security implications”. “If it is only a commercial venture then that is their choice… We will continue to engage Sri Lanka, …

Sri Lanka approves new port development with India and Japan
4 years ago

Sri Lanka approves new port development with India and Japan

Associated Press  

COLOMBO, Sri Lanka — Sri Lanka’s government said Tuesday it will allow India and Japan to develop a new container terminal at the country’s main port, several weeks after scrapping a deal with the two countries to develop one of the key terminals at the same port. Sri Lanka halted the 2019 agreement for India and Japan to develop and …

Terminal declined: The Hindu Editorial on Sri Lanka reneging on Colombo East Container Terminal
4 years, 1 month ago

Terminal declined: The Hindu Editorial on Sri Lanka reneging on Colombo East Container Terminal

The Hindu  

The Rajapaksa government’s decision to overturn Sri Lanka’s tripartite agreement to develop Colombo’s East Container Terminal is a setback to India and Japan. The larger question of a possible Chinese role in the ECT decision also hangs over the decision, given that other terminal projects at the Colombo Port such as the Colombo International Container Terminal, have not faced similar …

Indian envoy meets Gotabaya, Mahinda as ECT deal falls through
4 years, 1 month ago

Indian envoy meets Gotabaya, Mahinda as ECT deal falls through

The Hindu  

In a flurry of meetings a day after Sri Lanka backed out of an agreement with India and Japan, to develop the East Container Terminal at the Colombo Port, Indian High Commissioner Gopal Baglay met President Gotabaya Rajapaksa, Prime Minister Mahinda Rajapaksa and Foreign Minister Dinesh Gunawardena on Tuesday, official sources told The Hindu. The thrust of the Indian envoy’s …

India tells Sri Lanka to honour pact after Colombo takes back port contract
4 years, 1 month ago

India tells Sri Lanka to honour pact after Colombo takes back port contract

Live Mint  

India said on Tuesday it expected Sri Lanka to honour its agreement to allow it to operate a major port terminal following Colombo's decision to pull out of the deal. The East terminal of Colombo port will be 100% owned and operated by the state-owned Sri Lanka Port Authority, minutes of a cabinet meeting released on Tuesday said. Sri Lanka …

Sri Lanka revives port deal with India, Japan amid China concerns
4 years, 2 months ago

Sri Lanka revives port deal with India, Japan amid China concerns

Al Jazeera  

The deep-sea jetty is located next to the Colombo International Container Terminal, which is 85 percent owned by China. Sri Lanka’s President Gotabaya Rajapaksa has announced the revival of an Indian and Japanese investment project to develop a deep-sea terminal in Colombo harbour, next to a controversial $500m Chinese-run container jetty. A tripartite deal by Sri Lanka’s previous government had …

As Sri Lanka Reviews Handing over East Container Terminal to India, China Watches Closely
4 years, 2 months ago

As Sri Lanka Reviews Handing over East Container Terminal to India, China Watches Closely

News 18  

China’s monopoly of loaning big bucks to small nations and eventually buying their loyalty, is an open secret and Sri Lanka is also in the deep pockets of China beginning from 2013 when the Hambantota Port was offered to China state-controlled company. Since then, Beijing has spread its wings over Sri Lanka, and so did the geopolitics in the region …

Port City Colombo opens online to the world
4 years, 7 months ago

Port City Colombo opens online to the world

China Daily  

An Open Day event was launched on July 30 to give the public a chance to tour Port City Colombo in Sri Lanka. In the Port City Colombo sales gallery, Amuwatte interviewed Kassapa, who is in charge of public relations of the project and provided insight into the significance of the project to the local economic and social development of …

China faces new competition as Japan, India eye Sri Lanka port
5 years, 10 months ago

China faces new competition as Japan, India eye Sri Lanka port

Live Mint  

Tokyo/New Delhi: India, Japan and Sri Lanka are weighing the development of a terminal at the bustling port of Colombo in a country that’s seen ongoing political controversies related to investments from China’s Belt and Road Initiative. Unlike the Chinese-owned Hambantota port in southern Sri Lanka — which has been heavily criticized — the Colombo port project is a commercially …

Belt and Road Initiative: China and the world
6 years, 2 months ago

Belt and Road Initiative: China and the world

Op India  

In 2013, Chinese President Xi Xinping, mooted the idea to revive ancient Silk route and termed it as One Belt One Road. A recent New York Times report claimed: “large payments from Chinese port construction fund flowed directly to campaign aides and activities for Rajapaksa, who had agreed to Chinese terms at every turn and was seen as an important …

China to build port in Myanmar, third in India's neighbourhood
6 years, 4 months ago

China to build port in Myanmar, third in India's neighbourhood

India TV News  

China will develop a multi-billion-dollar deep sea port in Myanmar's Kyaukpyu town along the Bay of Bengal, a development that will concern India which already has two Chinese-built ports around it. Under China's Belt and Road project, the deal between Beijing and Nay Pyi Taw was signed on Thursday after years of stalled talks over the financing of the project. …

Behind Sri Lanka's political turmoil lies an India-China struggle for influence: New Delhi-Tokyo port project and Beijing's debt diplomacy
6 years, 4 months ago

Behind Sri Lanka's political turmoil lies an India-China struggle for influence: New Delhi-Tokyo port project and Beijing's debt diplomacy

Firstpost  

India, the traditional power in the region, is muscling into port and other projects, pushing back hard against China. The big fear for India is that Sri Lanka, just off its southern coast and on one of the world’s busiest shipping routes, could become a Chinese military outpost. Debt Diplomacy One of the officials briefed on the cabinet meeting said …

Sri Lankan political turmoil linked to India-China investment rivalry
6 years, 4 months ago

Sri Lankan political turmoil linked to India-China investment rivalry

Live Mint  

Gleaming cranes stretch out on the waterfront in the Sri Lankan capital Colombo as Chinese companies construct a $1.5 billion new commercial district, including hotels, marinas and a motor racing track. A bust-up between President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe over how far to accommodate Indian interests is a key reason the nation’s unity government has just fallen …

Sri Lanka to build £11bn metropolis to double size of its capital, Colombo
6 years, 6 months ago

Sri Lanka to build £11bn metropolis to double size of its capital, Colombo

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Drone footage of the project's …

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